BITCOIN BREAKS $29K Taking the Altcoin Market with it, USDT Unpegs from Dollar, Luna UST Concerns
Linqto – Private Investing Made Simple –
Unstoppable Domains – Decentralized NFT Domain Addresses –
My interview with the Unstoppable Domains co-founder:
To send me XRP, BTC, ETH, LTC, BCH, or ADA, you can send it to:
bcbacker.crypto (My Decentralized Domain Address)
Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.
To support my channel and become a Backer, Hodler, or Whale here on YouTube, here is the link:
DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn’t be here. Thank you.
[ad_2]
Source link
Can you PLEASE address BCH, EOS, ZCASH, and DASH? I feel cut adrift — you never talk about these coins, and they were a big part of your course.
I have great respect for those who can say “I don’t know” when applicable. Thank you 🙏🏽
Jesus is my sovereign name. Jack is my maritime law name.
BCB, don’t beat yourself up. Powers that be are about to change the entire world financial system. “Black swan” events will be norm in the coming years and it will be harder to forecast markets. Been following for a few years and will always be thankful to you brother.
You are doing good. You don't have to be right everytime to prove that. Your analysis is good. Just some unpredictable things going out there. May be governments trying to dent people's confidence in stablecoins. We will sail through.
🚀
If even BCB is rattled emotionally, this is definitely the bottom! Love ya BCB
"Nice warm chart hug" 😄 that's really great, BCB 👍🏻
Nobody’s perfect and if you relied your hopes and dreams on BCB and slam him because you lost your ass, that’s not his fault, it’s yours!
Thanks for posting BCB. You truly are appreciated 👍
How realistic is the 2,000 btc?
When XRP hits 10 cents I’m buying
Thanks bro 🙏🏼
Could also happen that we go down to test the 200wma on 1W chart sitting in 22k area .. then do an abc retracement back to .702 which would then be sitting at 56k … Alt coins would then have MUCH more time to rally. Just pure spectulation.
Thanks for being here for us, BCB 🙏 . And thanks for the info about the free data from Linqto. I pretty much blew it off when I saw the accreditation requirements 😅Not quite there yet 🤑but now I'll definitely check out the resources 💙
Sooo… LUNA is a buy with some 100 bucks, isnt it?
Wow…. What a ride….. market needs to stabilise so we can see the bigger picture. I can that crypto is flying back on to exchanges, does this mean a bigger sell off…. Great video BCB
Just to let you know, this (Luna/ust) is not the first crypto de pegged algo stable coin. It’s the sheer ($45bn-> <$1bn) SIZE of the attack/takedown/failure/death spiral(call it whatever you want) that has caused a big realisation that people need to understand what they are buying before they risk their (terrible) fiat money.
I’m HOLDING here right with ya BCB ride or die y’all… keep it up 👍
I appreciate your opinion thank you
17:17 – When it comes down to it, sometimes technicals go out the window and this is all you can do. Maximum effort hodling these bags here with you.
Weather it takes one year or ten im holding for the long run…sure can make a few bucks this run but if you hold xrp a few years, then ill be able to retire haha
But, wait, BCB, now I'm confused. If everything broke the pattern, Bitcoin, Dow johns, XRP, Etherium, then why are you still holding the alt coins? How can you know now that there will be an altcoin season at all? it seems that there won't be, isn't it? and then, why to think that there will be alt coin in the next round, if in this round we see that there is no alt coin season? When is the time to declare defeat? I really don't know, what do you think?
I always appreciate your thoughts
Always appreciate the accuracy
Pozi-tive vibes only! That’s a joke btw! Crypto is the future and a black swan or crash doesnt change that. We should be in this space for the bigger picture and remember people: you only lose money if you sell to the red. We are down…but we are NOT out! Peace to you BCB. Always appreciated and always humbled by you.
BCB these are my 2 cents. I much prefer you tell me the truth or whatever you think the truth is much better than some "copium". Your doing a good gob, thank you
Legend. I also had a few crash markets in my last 15 years investing, but that one was quiet spicy for sure, what I change from now on if people ask me how much xrp I hold, I'am going to tell em the amount I instead of the usd sum, keep holding guys, now it's not the time to go butters, it's time to show some balls 💪💪💪💪💪💪💪
buying leveraged long positions for Luna at 2 cents wish me luck. Doubt anyone will ever have faith in the project again but I love a good gamble
UST is an algorithmic stablecoin, it depends of the supply of Luna and is not backed by anything, others stablecoins are backed.
Luna/UST is now in a death spiral because was a scam.
Tether is fine!
More positive vibes going your way bro !!!
The FED is the biggest issue here. This is them playing a depression to control inflation without the long term recession. They just revalued everything without removing a penny of liquidity.
Nah man you were the onl one who called the top. We all let the retrace take too long.
Honestly the real pain I’m feeling right now is that XRP is 30 something cents and I can’t buy it because of the lawsuit. Didn’t think I’d ever see it below 50 cents again and I can’t even capitalize on the opportunity, makes me want to throw up.
imagine if you were elon musk or michael saylor, i'd be bricking it about now.. I hope they keep their nerve or this could get super messy fast..
Thank you buddy, now i am nervous… never heard insecurity in your voice before.. oh damn, holding bags again and i thought I'd been clever this time ffs lol hold on tight boys… and girls..
Eclipse energy
Looks like the retracement that you are waiting for was made in Nov. when BTC went up to 69k, most people did not notice that retrace cuz it went over the ATH of 65k. And the Alt´s season was also made during those months with all those NFT´s and Meme coins FOMO. I think it´s Game Over bro.
All stables to go and make way for cbdc. National cbdc wouldn't work well if stables around.
Mother of All Shakeouts has begun. Will they, (market makers or govt), allow you back in when they complete the collapse? 🤔
By looking at the dxy everything except luna are doing what you would expect them to do ,until the dxy loses steam we will keep dropping the dxy drops and crypto will recover ,just an observation!!
Thank God for Blockathan C Backerson 🙏🏽
Your assets are safe on coinbase wallet because you are given your private keys 🔐
Hey BCB long time follower. So with USDT, a lot of the backing apparently came from financed US debt. At least that is what came out about tether years ago. And there has been some defaulting around the us debt market. For example one of the largest firms in china just defaulted. Could be some of the hiccups your seeing
BCB you are a legend. God knows how many times you have provided solidarity to people in FUD and I am no exception. To return the favour, look at your old journals. Remember how shitty the SEC thing felt. Part of the reason this market pays out so highly is that people have to brave this market weather, and if we're to be paid four trouble, we have to deal with it when it comes along too. Now is the time for solidarity.
All of these are scenarios planned in terms of CBDC and set more restriction on people
i thought that TERRA, LUNA, etc. are recent/new projects? Same with Axie Infinity, they are all untested, right?
Isn't this why we need to diversify in the first place? But i'm just a newbie 1 year old in crypto investments, so idk really…
Props to the Backer!! We’ll weather the storm!